DuPont Stock Undervalued Thanks to Its Agriculture Unit

DuPont should outperform low expectations as its products help feed a growing population.

The world's population is growing larger and richer – and demanding a seat at the dinner table. The total population is expected to reach 9.6 billion by 2050, up from seven billion today. To feed all those hungry mouths, and address the changing eating habits of an emerging middle class, food production needs to increase 60% over the next four decades. Yet even with deforestation and infrastructure improvements, the amount of farmable land will increase a mere 5% over that period, according to the United Nations.